A Methodology to Assess the Effects of State Land Transactions on Local Property Taxes |
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Contents
DIVISIONS OF THE MDNR | 8 |
IV | 25 |
A METHODOLOGY FOR ESTIMATING TAX IMPACTS FROM | 30 |
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Common terms and phrases
accrue acquired acquisition acres aid payments amount analysis annual Appreciation assessed value basis becomes calculations chapter Commission completed conclusion consideration considered cost of borrowing covered Department of Natural developed difference discounted discussed disposal Division economic effects equal estimate Estimated Rate example exchange expected figure follows Form formula fund future tax payments future tax revenues growth in-lieu payments increase interest involved issues land acquisitions land transactions laws levied lieu listed Management measure methodology Michigan Millage Rate million acres monies Natural Resources needed negative ownership parcel period prepared present property class property tax rates property values provides public land purchase question raised rate of property received reduced remained represents requires result school district significant step Table tax base tax effects tax factor tax impacts tax payments tax-reverted taxation taxing jurisdiction timber transfer valorem Wisconsin